MarketAxess Holdings (MKTX) Misses Q1 EPS by 1c

MarketAxess Holdings (NASDAQ: MKTX) reported Q1 EPS of $0.77, $0.01 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $88.6 million versus the consensus estimate of $89.12 million.

Guidance for 2016

The Company reconfirms its full year 2016 guidance range for total expenses of $168.0 million to $176.0 million, capital spending of $18.0 million to $22.0 million and overall effective tax rate of 34% to 36%.

For earnings history and earnings-related data on MarketAxess Holdings (MKTX) click here.

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